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Commodity Newsletter(09-11-2012): Gold, Nickel, Zinc, Crude oil, Chili, Cardamom, Cocudakl…

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Fed is going to be more accommodate with the printing presses, which is good for commodities and the European Central Bank also announced last week that they will basically have an open-ended bond buying program. That is also good for commodity prices moving higher. Crude oil has been rather flat in recent weeks and I am looking it’ll move downside soon with forming a V bottom, which usually indicates larger rallies and downwards ahead. And last, everyone know as I expect MCX Gold blasted Higher!

chilli ncdex

Looking very good opportunity in NCDEX Chili… If you have good money stock then Go and sell it today. It’ll touch 4570-4551

cardamom mcx ncdex

MCX small players Go and sell Cardamom as you can.
It’ll kiss 750 shortly!
Short term target: 800

If you’re thinking for Buy Cocudakl then think again! I’m expecting totally different for it.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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1 Comment

  1. Pingback: UPDATE: MCX Nickel, Kapas and Cardamom – All targets touched!!! | Indian Stock Market, Share tips, share market, NSE, BSE tips, Intraday Tips, Stock Market Tips , Commodity Tips, tips provider, intraday tips,MoneyMunch

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